Ant Financial

Ant Financial, trade war, WorldFirst

A British money transfer company has abruptly closed its US operation in an attempt to avoid having its planned £700 million ($918.5mn) takeover by China’s Ant Financial derailed by American…

Alibaba Cloud launches global blockchain-as-a-service

October 28, 2018

Alibaba, Ant Financial, blockchain

Alibaba Cloud, the cloud computing arm of Alibaba Group, expanded its Blockchain as a Service (BlaaS) offering to major global markets including South East Asia, the US and Europe. BlaaS…

Ant Financial rebrand sets sights on AI and blockchain for finance

September 21, 2018

Ant Financial, artificial intelligence, blockchain

Ant Financial announced a new brand, Ant Financial Technology, specific to financial institutions, which will have a portfolio of five products: large-scale financial transaction technologies, financial security technologies, financial intelligence technologies,…

Ant Financial, Citi, LSEG and State Street among firms setting up at MIT’s AI lab

July 27, 2018

Ant Financial, Citi, CSAIL, fintech, LSEG, MIT, State Street

MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) recently launched a research-industry collaboration focused on creating financial technologies that will be able to open up new business models, gain new data insights, and…

Capital markets should be watching Alibaba’s Ant Financial very closely (Premium)

July 12, 2018

Josh Galper

Asia, Cloud, Credit Exposure, Technology

Alibaba, Amazon, Ant Financial, Ant Financial Group, Facebook, Google, topstory

Alibaba’s Ant Financial Group is about the most innovative financial services company we’ve seen in quite a while. Although Asian companies have been advanced in offering financial services to their…

Ant Financial’s MYbank tech scales risk management for SME financing

June 24, 2018

Ant Financial, artificial intelligence, MYbank, risk management

MYbank, a leading online private commercial bank in China for SME financing, announced the launch of the Star Plan to open up its proven AI, computing and risk management capabilities…

China’s Ant Financial raises $14 billion from slew of domestic and foreign investors

June 11, 2018

Ant Financial, China

Ant Small and Micro Financial Services Group announced it has entered into definitive agreements with investors for its Series C equity financing for some $14 billion. The financing round includes…

Reuters: Ant Financial shifts focus from finance to tech services

June 9, 2018

Ant Financial, China